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The final assignment is based on the following information. Sugat fuah, Ine. opens its first iec cream saore in Calgary in lanury 202z. H prepares

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The final assignment is based on the following information. Sugat fuah, Ine. opens its first iec cream saore in Calgary in lanury 202z. H prepares quarterly financial statements for its owners and eaternal stakchobern. Belew is the unadjusted trial balance of Sugar Rush at the end of the 2nd quarter of its firit year of operation (Apeil 1- fune 30, 2022). Sugar Rush inc. Unadjunted Trial Bulunce At lune 30, 2022 Requirca: Based on the unadjusted trial balance of Sugar Aush, inc. above, you are requared to prepare/write the following: 1) An incame statement fo points). 2) A statement of retained earnings (4 points- 3) Balance Sheet (12 points): 4) A paragraph stating vour evaluation of the company's perfoemance and financial status for the quarter ending lune 30 , 2022. (5 points) in your evaluation, state whether: o the business is profitable; - it is able to pay its cument obligations/labilities; and o its assets are finsnced mere by debts or equity. You may state any other insights you have on the company's financial statements. Justify your evaluation and support your discussion with relevant calculations or ratios

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